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All Murphy wants is ProMold back. Everything else is smoke and mirrors...Ellen Kennedy made this point to the court and all Muphy is doing now is making Ellen's point very clear to the Judge...
Probably the same reasons that I posed the same questions to you that were deleted. If you can't stand the heat stay out of the kitchen. Drop it..
Mr. Lewis...Way to go !!!! Bravo !!!
Avdave...wonder who the buyer is? Do you guys know? Does it have anything to do with the posts stopping on the 7th ??? Does this mean no Chapter 7 ??? You think the SEC is cooperating with the Trustee or not ????
"17. The Trustee believes that within 90 days the Trustee will be able to sell the Debtor's business as a going concern for in excess of the amount owed to the Murphy Entities."
You must not be current...and...I never stated that many times...You must be thinking of someone else...Wonder why they stopped posting on the 7th...any thoughts? Nice of you to step up to the plate on their behalf...
"Do you think the NSSing is real? Do you think releasing financials will force the NSSers to cover?"
Yes.....No
Thanks for the TDA information in the IBox...
The Crew is no where to be found...Odd ??? eom
Really ??? How so ???
Bad Boys, Bad Boys, What ya gonna do Bad Boys?
By: bankrupt007
13 Nov 2007, 09:18 PM EST
Msg. 81061 of 81061
(This msg. is a reply to 81060 by xrayviscion.)
Jump to msg. #
90% of thie mess was caused by lawyers
what a bunch of clueless bload sucking lawyers and trustee's.
Play ball !!!!!
Doc 287
OCR
IN RE:
CASE NO. 07-50935
PRO MOLD, INC.,
Debtor
CHAPTER 11
MOTION TO CONTINUE HEARING ON: I. MOTION FOR RELIEF FROM STAY AND RELATED DEADLINES; II. MOTION FOR IMMEDIATE SURRENDER OF NONRESIDENTIAL REAL PROPERTY; AND III. MOTION TO CONVERT
Chapter 11 Trustee Kenneth Henry ("Trustee Henry") files this Motion to Continue Hearing on: I. Motion for Relief from Stay and Related Deadlines; II. Motion for Immediate Surrender of Nonresidential Real Property; and III. Motion to Convert and in support thereof respectfully states the following:
1. The Court has jurisdiction in regard to this matter pursuant to 28 U.S.C. § 1334 and 28 U.S.C. § 157 and the Local Rules for the United States District Court for the Eastern District of Kentucky.
2. This matter is a core proceeding under 28 U.S.C. § 157(b)(2)(D).
3. On May 16, 2007, Debtor Pro Mold, Inc. ("Debtor Pro Mold"), filed its Voluntary Chapter 11 Petition for Relief in the United States Bankruptcy Court for the Eastern District of Kentucky, Lexington Division ("Court").
4. On May 31, 2007, the Court signed and the Clerk entered the Agreed Order on Debtor's Amended Emergency Motion to Use Cash Collateral ("Agreed Emergency Cash Collateral Order"). (Docket No. 53).
5. On June 15, 2007, Pro Plas LLC, a Missouri limited liability company, the Murphy Trust, JPM and 10315 LLC (collectively "the Murphy Entities") filed and served their Motion for Relief from Automatic Stay and an Exhibit Summary. (Docket No. 77) ("Motion for Relief').
6. On September 27, 2007, Lessor 10315 LLC filed the Motion for Immediate Surrender of Nonresidential Real Property and it was scheduled to be heard on October 11, 2007.
7. On or about October 5, 2007, Trustee Henry was appointed as the Chapter 11 Trustee.
8. On November 1, 2007, the Murphy Entities filed their motion to convert the instant case to a Chapter 7 case (Docket No. 272) ("Motion to Convert").
9. The Agreed Emergency Cash Collateral Order remains in effect.
10. Hearings on the Motion for Immediate Surrender of Nonresidential Real Property, Motion for Relief and Motion to Convert were continued to November 19, 2007.
11. Trustee Henry and the Murphy Entities are engaged in settlement negotiations that may result in an agreed sale of the Debtor's business as a going concern.
12. Until the Trustee's appointment, the Debtor complied with the Agreed Emergency Cash Collateral Order.
13. Since the Trustee's appointment, the Trustee has complied with the Agreed Emergency Cash Collateral Order.
14. The Murphy Entities cite the following as cause for conversion of this case to Chapter 7.
a. While in Chapter 11, Debtor Pro Mold has not filed any of its monthly operating reports on time.
b. While in Chapter 11, Debtor Pro Mold has not filed operating reports for July, August, or September 2007.
c. While in Chapter 11, Debtor Pro Mold has not filed its 2006 federal or state income tax returns.
d. While in Chapter 11, Debtor Pro Mold did not file a Chapter 11 Plan and Disclosure Statement within 120 days of filing its bankruptcy.
e. While in Chapter 11, Debtor Pro Mold allowed the lease on its factory in St. Louis to be rejected by operation of law.
f. While in Chapter 11, Debtor Pro Mold repeatedly violated this Court's Chapter 11 Operating Order and Cash Collateral Order.
15. The appointment of the Trustee has stopped the misappropriation of funds, operating reports for July and August have been filed, and a Disclosure Statement and Plan have been filed by the Debtor.
16. The Trustee has only been appointed for approximately 30 days and is currently in the process of retaining counsel. In that time, the Trustee has:
1. Reduced the expenses of the Debtor by reducing the Debtor's work force.
2. Visited the two major customers of the Debtor.
3. Met with two different brokers on marketing the business as a going concern; and
4. Monitored the Debtor's financials on a daily basis while developing pro forma financials for the Debtor through January 31, 2007.
17. The Trustee believes that within 90 days the Trustee will be able to sell the Debtor's business as a going concern for in excess of the amount owed to the Murphy Entities.
18. Alternatively, the Trustee has had insufficient time to evaluate the merits of the Debtor's Plan.
19. The Trustee has had insufficient time to respond to the Murphy Entities motions. The Trustee is not yet represented by counsel. Additionally, the Trustee has had insufficient time to analyze the motions and the stipulations proposed by the Murphy Entities which comprise a total of 123 pages and 665 paragraphs. Moreover, the Motion for Relief is supported by no fewer than 112 Exhibits and the Trustee has not had sufficient time to review these exhibits.
20. Finally, the Murphy Entities are adequately protected for the present due to the appointment of the Trustee and compliance with the Agreed Emergency Cash Collateral Order and will not be harmed by a 90 day continuance.
WHEREFORE, Chapter 11 Trustee Kenneth Henry requests that the Court continue the hearing on the Motion for Relief from Stay and related deadlines, the Motion for Immediate Surrender of Nonresidential Real Property and the Motion to Convert for ninety (90) days and for such other relief as the Court deems just.
By:
Kenneth C. Henry Chapter 11 Trustee
NOTICE
Please take notice that the above Motion will come on to be heard at the convenience of the court.
.0065 X .008 1X2 eom
11/12/2007 301 Motion to Continue Hearing, filed by Stephen Palmer. (Palmer, Stephen) (Entered: 11/12/2007)
--------------------
Doc 301
IN RE:
PLASTICON INTERNATIONAL, INC.
Debtor.
Case No. 07-50934
Judge William S. Howard
Chapter 11
JOINT MOTION OF DEBTOR AND CHAPTER 11 TRUSTEE TO EXTEND TIME FOR RESPONSE TO MOTION FOR RELIEF FROM AUTOMATIC STAY, AND TO RESCHEDULE HEARING
The Debtor, Plasticon International, Inc. (“Plasticon”) (the “Debtor”), and the Chapter 11 Trustee, Stephen Palmer (“Trustee”), jointly move this Court for an Order 1) granting the Trustee an extension of time in which to file his response to the Motion for Relief from Automatic Stay (the “Motion”) filed by Pro Plas, LLC (“Pro Plas”); and 2) rescheduling the hearing date on Pro Plas’ Motion from Monday, November 19, 2007 at 2:00 p.m., until the first available hearing date on or following December 10, 2007. In support of this motion, Debtor and Trustee state as follows:
1. On or about June 22, 2007, Pro Plas filed its Motion for Relief from Automatic Stay (DE #83).
2. On or about July 7, 2007, Pro Plas filed 29 Exhibits in Support of the Motion (DE #97, #98, #99, and #100).
3. Subsequent to the Motion, on or about August 16, 2007, Pro Plas, LLC filed a Motion for Appointment of a Chapter 11 Trustee (DE #167).
4. After an evidentiary hearing, by order entered October 4, 2007, this Court granted the Pro Plas’s Motion (DE #262), and ordered the Appointment of a Chapter 11 Trustee.
5. Upon Application by the U.S. Trustee, Mr. Stephen Palmer (the “Trustee”) was appointed as Chapter 11 Trustee on or about October 10, 2007 (DE #271).
6. Subsequent to that Order, on October 26, 2007, the Trustee filed an Application to Employ Walther, Roark, Gay & Todd PLC as Attorney for Trustee (DE #284) (the “Application”).
7. Although this Application will likely be approved, the Order has not yet been entered (as of the time of filing of this Motion). As things presently stand, once the Application is approved, counsel for the Trustee will not have a sufficient time to review this matter and prepare for the presently scheduled hearing on Pro Plas’ Motion. Holding the hearing as scheduled would have an adverse impact on the Trustee’s ability to adequately represent himself and his interests.
8. The ability of both the Trustee and the Debtor to adequately respond to Pro Plas’ Motion is further complicated by the nature of the evidence in this case. Pro Plas has identified 114 possible exhibits for the upcoming evidentiary hearing (DE #292). Additionally, Pro Plas has identified 646 proposed stipulations in this matter, many of which also pertain to the Chapter 11 Bankruptcy of Pro Mold, Inc. (Case No. 07-50395). Clearly, the evidentiary hearing on Pro Plas’ Motion requires extensive review of the proposed stipulations, possible exhibits, and the papers filed by the parties in the Pro Mold, Inc., case. This cannot be accomplished in a matter of days.
9. While counsel for the Debtor is familiar with the background of both Plasticon and the Pro Mold, Inc. cases and is willing to assist as required, the Trustee and his counsel have a limited understanding of the Plasticon case, and an extremely limited understanding of the issues of its sister case, In re: Pro Mold, Inc. Counsel for the Trustee will simply be unable to adequately review the arguments, evidence and proposed stipulations, not to mention the numerous pleadings of the parties in both the Plasticon case, and the Pro Mold, Inc. case in time for presenting meaningful opposition.
10. The Debtor and the Trustee jointly submit that in the interests of fairness and justice for all parties involved, the Court should postpone the hearing on Pro Plas’ Motion for ninety days. The Debtor and the Trustee both certify that this Motion is not being made for the purposes of hindering or delaying the resolution of this matter by this Court.
11. Wherefore, the Debtor and the Trustee request an Order in conformity herein.
Jointly submitted,
FOWLER MEASLE & BELL PLLC
/s/ Ellen Arvin Kennedy
Ellen Arvin Kennedy, Esq.
Timothy A. West, Esq.
300 West Vine Street, Suite 600
Lexington, KY 40507-1660
(859) 252-6700
(859) 255-3735 fax
EAKennedy@FowlerLaw.com
TWest@FowlerLaw.com
ATTORNEYS FOR DEBTOR,
PLASTICON INTERNATIONAL, INC.
And
/s/ Stephen Palmer
Stephen Palmer, Esq.
271 W. Short Street, Suite 804
Lexington, KY 40507-1217
(859) 233-0551
CHAPTER 11 TRUSTEE,
STEPHEN PALMER
CERTIFICATE OF SERVICE
I hereby certify that the foregoing was served this the 12th day of November, 2007, electronically in accordance with the method established under this Court’s CM/ECF Administrative Procedures and Standing Order dated July 25, 2002 upon all parties in the electronic filing system in this case.
/s/ Stephen Palmer
Chapter 11 Trustee
Another prediction...
PHGI will use "ALL" of doggones posts to fertilize it's corn crop...
Are you asking me? I have no clue...you sure you aren't just talking to yourself? Ask Alan...
For you it's only a legal liability for TDA if you taped the conversation. Otherwise it's your word against them. That's why folks are getting it in writing. Alan knows, so I don't feel compeled to be a detective in this regard. Feel free to go ahead and hire a Jim Rockford for that.
Double...they're not leaving. Same Crew just different aliases...They've set their goal and will continue to be relentless. Plus the one or two skinsheeders still hiding in the tall grass. No big deal...get a cold brew and enjoy the show...
"Make statements of fact, not shallow insinuations!"
Just keeping you boys on your toes. It seems all that the Crew does here is make shallow insinuations.
If you requested that your shares not be loaned...and..if TDA told you that... then you were lied to.
Interesting post...think it applies here?
Posted by: op9171787
11:00:32 AM
Post #of 32185
the securities industry is so so egregiously corrupt, it is like a sociopathic animal. and most are so freakin brainwashed that they are more predisposed to attack a CEO who is actually fighting corruption than to believe that the brokers, banks, and offshore entities are extorting, thieving and manipulating a stock.
it's sad and pathetic.
imo
You boys getting ready to cover? Going to play it both ways?
Was headed that way but forgot my little rug to kneel on...so...a friend went in my place...
I couldn't find one in Ft. Lauderdale...Nothing as fancy as a four bedroom...
No confusion...you?
Good...
How's your PHGI going? And the condo?
Nope...I don't play any stock you and the Crew are on...Just watching to see if you cover any one of them. How's things at the bank going?
Nope...I'm just watching three that you and the Crew are working wondering if you're going to cover any one of those.
You still working at the bank?
PQL...the goal is to jerk you around...Avdave's MO...eom
X...there isn't one...still in Chapter 11...eom
lucky...put them inside the car...eom
OK DTL...glad I asked hahahah eom
Your a busy boy today...the rent must be due...eom
So is this time to enter? Thoughts? EOM
Extreme Motorsports Opens New Sales Office in Las Vegas, NV
BAKERSFIELD, Calif., Nov 07, 2007 (BUSINESS WIRE) -- Extreme Motorsports of California, Inc. (OTC:ETMO) ("Extreme" or the "Company") is pleased to announce the grand opening of a new sales office and distributorship in Las Vegas, Nevada. Since October 15, 2007, the Company, with the dedicated support of its new Executive Vice President of Mergers & Acquisitions, Lance Posner, has been operationalizing its new office and has officially opened as of November 1. A new sales team is now standing by to work with customers and coordinate planning, purchasing and delivery with Extreme project managers.
The Company believes the opportunity for expansion into Nevada is significant, with recreational areas such as the Armagosa Sand Dunes, Logandale Trails System, Nellis Dunes, Jean Dry Lake Area, Sand Mountain, and the world renowned Dumont Dunes, all located within reasonable driving distances from Las Vegas. The Nevada market, which is dominated by small four-wheel all-terrain vehicle (ATV) users, is a target market for Extreme as recreational users begin to look for new ways to enhance their off-road experience. In addition, Las Vegas and the surrounding communities continue to see population and job growth that exceed the national average.
"We're eager to develop Las Vegas as a center of gravity for Extreme's off-road vehicles. While we currently have over 50 customers in the Las Vegas area, we believe this can be expanded significantly through promotion and a physical presence at local dealerships," commented Alan McCaa, President & CEO of Extreme Motorsports. "As many know and would expect, Nevada is home to some of the most rugged and exciting terrain and off-roading community in the Nation, as well as the largest venue for off-road racing, with SCORE, CORR and BITD racing series. With local dealerships for our recreational sandcars, clients will be afforded an off-road racing experience unlike any they have had before at reasonable prices. We are currently evaluating several dealership locations and the first 'spec' models will be available for purchase by the end of the year."
Prospective customers in the Las Vegas area interested in speaking with the Company's sales team for new and used vehicle sales are encouraged to call 702.914.2606 or visit in person at 2505 Chandler Ave., Las Vegas, NV.
About Extreme Motorsports of California, Inc.
Extreme Motorsports of California, Inc., operating under the trade name "Xtreme Motorsports," is a manufacturer of custom and production-line sandrails, desert and dual sport racecars. Founded in 1983, Xtreme's sandcars have been sold to customers in England, the United Arab Emirates, Australia, South America and the US. For more information, visit the corporate web site www.xmssandcars.com.
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties that are not paid for by the Company.
SOURCE: Extreme Motorsports of California, Inc.
CONTACT: Extreme Motorsports of California, Inc.
Las Vegas Office
Lance Posner
Executive Vice President of Mergers & Acquisitions
702-914-2606
or
Investor Relations
661-310-7880
etmo@fairview-ir.com
Copyright Business Wire 2007
-0-
KEYWORD: United States
North America
California
Nevada
INDUSTRY KEYWORD: Automotive
Off-Road Trucks & SUVs
Performance & Special Interest
Recreational Vehicles
Other Automotive
Hey Jock...Go get yourself a few brews...enjoy the show...
the whole Crew is here today...same old same old...watch the trading this afternoon...kids are running up the old master card today...
Yepper...very interesting..eom
Looks like the MM's were interested in your sell order.
Oooops !!!!
"is not only IRRESPONSIBLE.
IT is called stock manipulation and very Illegal!"